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  • RE:  Turnkey Opportunity - Classic Diner For Sale Only $97,000!
  • Contact:  Don Williams

Quick Facts

Asking Price: $97,000
Annual Revenue: $127,502
Net Profit: Not Disclosed
Cash Flow: $31,129
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1955
Employees: 2
BBN Listing #: 987008
Broker Reference #: 22173

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Business Overview:

Offered at just $97,000, this charming Diner for Sale provides an authentic drug store fountain and grill experience, complete with home town ambiance and period decor! Located on the quaint but bustling Main Street of downtown Buchanan, Virginia, this popular, well-established restaurant is perfect for an entrepreneur looking to capture the nostalgia of a bygone era while profiting from their own successful business!
Situated amongst historically significant buildings spanning the nineteenth century to the 1950's, this Diner for Sale is a go-to stop for locals, tourists, and travelers, and for those enjoying nearby outdoor adventures and paddling excursions on the Upper James River Blueway. The town is renowned for its hospitality, community events, and many seasonal festivals, and is noted as one of the top ten antiquing destinations in the U.S.! With limited local dining competition, this We Sell Restaurants exclusive offering puts you front and center to profit!
At approximately 1,700 square feet, the rent is currently $500 per month, plus 1/2 of utility costs. There is seating for 60 patrons, with room to expand during the busy tourist season. This Diner for Sale, offered by We Sell Restautants, specializes in burgers, subs, and pizza, though an enterprising owner can expand the menu to include additional entrees, snacks, and (especially!) ice cream. Currently open just 30 hours per week, there is unparalleled opportunity to increase revenue and profit by extending operating hours. The landlord owns and maintains a portion of the installed kitchen equipment, allowing you to focus your attention and finances on growing the business!
If you've been searching for a turnkey restaurant, ideal for a single owner/operator or a mom-and-pop team, your wait is over! Need financing? We have lenders offering secured and unsecured loans to qualified buyers, and can make an introduction today. Call now to learn more!
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Property Features and Assets:

Sandwich cooler x2
Counter refrigerator cooler
Microwave
Toaster
Heat lamp
Flat top grill
Hand sink
Stainless steel prep table x2
Slicer
Ice machine
Pizza oven
Hand sink x2
Three compartment sink
Oven
Glass front cooler
Warmer
POS system
Small ware cook ware utensils
Booths x5
Four person table x4
Small four person table x4
Chairs x28
Miscellaneous decor

Market Competition and Expansion:

One of few restaurants in town, long established with local following, popular tourist stop

Reason for Selling:

Personal

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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